Account and Electronic Services Agreements

Account and Electronic Services Agreements

Share Accounts, Trust Accounts and Electronic Services

Addendum to Account and Electronic Services Agreements

This Addendum to your Account and Electronic Services Agreements (Agreement) with Redstone Federal Credit Union? (RFCU?) is made part of that Agreement and describes additional terms and conditions that apply to you.

1. Online Membership Application Restrictions. If you apply for and open a Share Account (Savings) electronically through the RFCU online membership application, the below restrictions apply to you:

a. At the time you submit the RFCU online membership application, you are limited to a maximum total initial deposit of $530, regardless of the number or types of accounts you choose to open.

b. For seven (7) days after your Share Account (Savings) is opened, you will not be able to open any other share accounts through Online Banking or Mobile Banking.

2. Security Measures. Without prior notice and as allowed by applicable law, RFCU may take such other actions as we deem, through our sole discretion, to be reasonably necessary to protect against fraud or other threats to the security of your accounts or RFCU.

RFCU? - Public

Revised 10/01/2021

Redstone Federal Credit Union? is a financial cooperative corporation. It was organized in 1951 under the laws of the United States for the purpose of promoting thrift and savings among its members, creating a source of credit for them and providing an opportunity for them to use and control their money on a democratic basis. A Board of Directors is elected from and by the members and determines the interest rate to be charged on loans and declares the dividend rates paid on share accounts. This Credit Union is federally insured by the National Credit Union Administration.

Application for Services Disclosures:

While making application for membership or the requested service(s), or requested change(s) to be made to my/our account with Redstone Federal Credit Union (RFCU?), I/We hereby certify that the information provided is true and correct to the best of my/our knowledge. I/We agree to conform to RFCU's bylaws and amendments, laws, policies and applicable regulations. I/we hereby acknowledge and certify that I/we have received, understand and agree to be bound by the terms and conditions stated in the Account Agreement and/or Electronic Services Agreement and any subsequent changes or amendments to these Agreements for the service(s) which I/we have requested and which are hereby incorporated by reference. A joint account is owned by the parties whose signature(s) appear on the Application for Services and/or who are added to the account(s) as joint tenants with right of survivorship. In considering my request for any services, RFCU may request reports from a consumer-reporting agency to prepare a Consumer Report on me. I/We hereby authorize RFCU to request such a Consumer Report. I/We understand that if services are denied, in whole or in part, because of any information contained in such a Consumer Report, I/we will be provided with additional information in compliance with the Fair Credit Reporting Act, as amended in 1996.

Under penalties of perjury, I/we certify that (1) the number provided is my correct taxpayer identification number (or I am waiting for a number to be issued to me), and (2) I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding, (3) I am a U.S. person (including a U.S. resident alien), and (4) the FATCA code certification does not apply. If you are not a U.S. person, complete a W-8 BEN. The Internal Revenue Service does not require your consent to any provision of the Application for Services other than the certifications required to avoid backup withholding.

All accounts and services initiated by signing the Application for Services are subject to the terms and conditions set forth in this Account Agreement. This Account Agreement may be amended from time to time as decided by the Board of Directors of the Credit Union. This Account Agreement is incorporated into and made a part of any application or other documents which you execute in connection with the opening or use of any account. The terms and conditions set forth in this Account Agreement amend and supersede any prior agreement governing your Credit Union accounts.

By giving us your telephone number, you are affirming that you have the right to provide consent for Redstone Federal Credit Union and any related affiliates/third parties to contact you on the mobile phone number, including a residential number. You agree to contact via automated telephone dialing (auto dialer), text messages or prerecorded or artificial messages for any reason, except marketing and understand your mobile provider may assess message or data rates. You may revoke this consent for calls (except calls made for emergency purposes) at any time by 1) sending written notification to: Redstone Federal Credit Union, ATTN: Member Support Services, 220 Wynn Drive, Huntsville, Alabama 35893 or 2) calling the Credit Union at 256-837-6110 or 3) emailing us at info@ 4) or by visiting a branch near you.

TABLE OF CONTENTS

Establishing Credit Union Membership

2

Arbitration Agreement

2

Share Account (Savings)

2

"YOU NAME IT" Savings Account

3

Brighter Day Savings Account

3

Share Draft (Checking) Accounts

5

Easy Checking Account

5

Rewards Checking Account

5

Safeguard Checking Account

5

Liberty and Privilege Checking Accounts

5

Money Market Share Account

7

Christmas Club Share Account

9

Visa? Secured Share Account

9

S.T.A.R. Club? (Start Today at Redstone)

10

Trust Accounts

10

Savings Trust Fund

10

Checking Trust Fund

12

Money Market Share Account (for Trusts)

13

Funds Availability Agreement

15

Overdraft Privilege Policy

16

Electronic Services Agreement

17

Electronic Fund Transfer Disclosures

17

Call-24

19

Online Banking

20

Electronic Bill Payment Service

20

eStatements, eNotices and CU Alerts

23

Money Management

24

Redstone Rewards?

25

Mobile Banking Service

26

Text Banking Service

27

Co-Browse Support Service

27

Secure Chat and Secure E-Mail Support Services

27

Debit Card Agreement (Visa? Debit Card)

28

Card Control

30

Privacy Notice

33

Remote Deposit Capture Services Disclosure and Agreement 38

PLEASE RETAIN THIS AGREEMENT FOR YOUR RECORDS.

Redstone Federal Credit Union -- Public

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SHARE ACCOUNTS

SHARE SAVINGS ACCOUNT, "YOU NAME IT SAVINGS" ACCOUNT, SHARE DRAFT CHECKING ACCOUNTS, MONEY MARKET SHARE ACCOUNT, CHRISTMAS CLUB, DESIGNATED CREDIT UNION SHARE ACCOUNT, S.T.A.R. CLUB?

ESTABLISHING CREDIT UNION MEMBERSHIP

Once you have met the eligibility requirements, your request to open your share account with the Credit Union is also your request to be admitted as a member of the Credit Union. You agree to be bound by all the terms of this Agreement, as amended from time to time, by the bylaws of this Credit Union and by the policies adopted from time to time by the Board of Directors.

You must be admitted to membership before you can vote, hold office, invest in any share savings, checking or certificate account or borrow money from the Credit Union. If you are eligible for membership, your immediate family is also eligible. The minimum initial deposit amount, the value of each share, is shown below and must be invested in a regular share savings account as disclosed herein.

You are able to personalize your account(s) at the Credit Union by giving each account a unique name. When choosing the personalized name for your account(s), please refrain from using any word which could be considered profane, vulgar, obscene, or offensive to others. The Credit Union reserves the right to change any account name that it determines to be inappropriate. Failing to adhere to these conditions could result in termination of your online banking service.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

If we are unable to reasonably verify your identity, an account will not be opened nor will any formal banking relationship be established.

We may retain a copy of your driver's license and/or certain other types of identifying documents, when permitted by law.

OUR REGULATIONS PROHIBIT PAYMENT OF DIVIDENDS IN EXCESS OF AVAILABLE FUNDS.

Federal law requires disclosure of the annual percentage yield (APY). The APY shows the total amount of dividends that would be paid on an assumed amount as a percentage of the assumed amount. This shows the effect of compounding on what you earn.

ARBITRATION AND WAIVER OF CLASS ACTION You and the Credit Union agree that we shall attempt to informally settle any and all disputes arising out of, affecting, or relating to your accounts, or the products or services that we have provided, will provide or have offered to provide to you, and/or any aspect of your relationship with us (hereafter referred to as the "Claims"). If that cannot be done, then you agree that any and all Claims that are threatened, made, filed or initiated after the Effective Date (defined below) of this Arbitration and Waiver of Class Action provision ("Arbitration Agreement"), even if the Claims arise out of, affect or relate to conduct that occurred prior to the Effective Date, shall, at the election of either you or us, be resolved by binding arbitration administered by the American Arbitration Association ("AAA") in accordance with its applicable rules and procedures for consumer disputes ("Rules"), whether such Claims are in contract, tort, statute, or otherwise. The Rules can be obtained on the AAA website free of charge at ; or, a copy of the Rules can be obtained at any branch upon request. Either you or we may elect to resolve a particular Claim through arbitration, even if one of us has

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already initiated litigation in court related to the Claim, by: (a) making written demand for arbitration upon the other party, (b) initiating arbitration against the other party, or (c) filing a motion to compel arbitration in court. AS A RESULT, IF EITHER YOU OR WE ELECT TO RESOLVE A PARTICULAR CLAIM THROUGH ARBITRATION, YOU WILL GIVE UP YOUR RIGHT TO GO TO COURT TO ASSERT OR DEFEND YOUR RIGHTS. This Arbitration Agreement shall be interpreted and enforced in accordance with the Federal Arbitration Act set forth in Title 9 of the U.S. Code to the fullest extent possible, notwithstanding any state law to the contrary, regardless of the origin or nature of the Claims at issue. This Arbitration Agreement does not prevent you from submitting any issue relating to your accounts for review or consideration by a federal, state, or local governmental agency or entity, nor does it prevent such agency or entity from seeking relief on your behalf. This Arbitration Agreement shall not apply to claims that are initiated in or transferred to small claims court.

1. Selection of Arbitrator. The Claims shall be resolved by a single arbitrator. The arbitrator shall be selected in accordance with the Rules, and must have experience in the types of financial transactions at issue in the Claims. In the event of a conflict between the Rules and this Arbitration Agreement, this Arbitration Agreement shall supersede the conflicting Rules only to the extent of the inconsistency. If AAA is unavailable to resolve the Claims, and if you and we do not agree on a substitute forum, then you can select the forum for the resolution of the Claims. 2. Effective Date. This Arbitration Agreement is effective upon the 31st day after we provide it to you ("Effective Date"), unless you opt-out in accordance with the requirements of the RIGHT TO OPT-OUT provision below. If you receive your statements by mail, then the Arbitration Agreement was provided to you when it was mailed. If you receive your statements electronically, then it was provided to you when you were sent notice electronically. 3. Arbitration Proceedings. The arbitration shall be conducted within 50 miles of your residence at the time the arbitration is commenced. Any claims and defenses that can be asserted in court can be asserted in the arbitration. The Arbitrator shall be entitled to award the same remedies that a court can award, including any kind of injunctive relief that could be awarded by a court. Discovery shall be available for nonprivileged information to the fullest extent permitted under the Rules. The Arbitrator shall not be permitted to make errors of law. The Arbitrator's award can be entered as a judgment in court. Except as provided in applicable statutes, and except with respect to an error of law, the arbitrator's award is not subject to review by the court and it cannot be appealed. We will pay for any filing, administration, and arbitrator fees imposed on you by the AAA or any other applicable arbitration forum. Nothing contained in this Arbitration Agreement shall prevent either you or us from applying to any court of competent jurisdiction for provisional prejudgment relief, such as a temporary restraining order, a temporary protective order, an attachment or any other pre-judgment remedies. Nor shall it preclude applicable self-help remedies, such as set-off and repossession. Any determination as to whether this Arbitration Agreement is valid or enforceable in part or in its entirety shall be made solely by the arbitrator, including without limitation any issues relating to whether a Claim is subject to arbitration; provided, however, the enforceability of the Class Action Waiver set forth below shall be determined by the Court. 4. Class Action Waiver. ANY ARBITRATION OF A CLAIM SHALL BE ON AN INDIVIDUAL BASIS. YOU UNDERSTAND AND AGREE THAT YOU ARE WAIVING THE RIGHT TO PARTICIPATE AS A CLASS REPRESENTATIVE OR CLASS MEMBER IN A CLASS ACTION LAWSUIT. 5. Severability. In the event the Class Action Waiver in this Arbitration Agreement is found to be unenforceable for any reason, the remainder of this Arbitration Agreement shall also be unenforceable. If any provision in this Arbitration Agreement, other than the Class Action Waiver, is found to be unenforceable, then the remaining provisions shall remain fully enforceable. 6. Right to Opt-Out. You have the right to opt-out of this Arbitration Agreement and it will not affect any other terms and conditions of your relationship with us. To opt out, you must notify us in writing of your intent to do so prior to the Effective Date (defined above). Your opt-out must be sent to us at 220 Wynn Drive, Huntsville, Alabama 35893 or info@ prior to the Effective Date. Your notice of intent to opt out can be a letter that is signed by you or an email sent by you that states "I elect to opt out of the Arbitration Agreement" or any words to that effect.

SHARE ACCOUNT (SAVINGS) 1. The minimum initial payment amount is $5.00, which represents one (1) share. 2. An application for membership may be submitted by one eligible person. A member or non-member joint account owner may be named, but a joint owner is not, as such, a credit union member.

3. A Savings Reopening Fee will be assessed to those eligible persons who open an account within six months of closing a previous account (Please refer to the Fee Schedule provided with this Account Agreement for the fee amount). 4. You shall keep the Credit Union informed about your current mailing address. In the event you fail to do this, an address locator fee may be deducted from your Share Account (Savings) or Share Draft (Checking), if not available in Savings account, to cover charges necessary in determining your new address. (Please refer to the Fee Schedule provided in the Account Agreement for the fee amount.)

TRUTH IN SAVINGS DISCLOSURES: 1. Rate Information. Please refer to the Account Rate Sheet for the current dividend rate and annual percentage yield (APY) provided with this Account Agreement. The dividend rate and the APY may change every month, as determined by the Credit Union's Board of Directors. 2. Compounding and Crediting. Dividends will be calculated daily and will be compounded and credited quarterly. For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1 and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the ending date of a dividend period and for the example is March 31. If you close the share account before dividends are credited, you will receive dividends due at the time the account is closed. Dividends will not be earned for the day the account is closed. 3. Minimum Balance Requirements. The minimum balance to open this account is the purchase of a $5.00 share in the Credit Union. You must maintain a minimum daily balance of $5.00 in your account. If your balance falls below the required minimum daily balance, you must bring your account balance up to par value within six months or your account will be closed and the funds in the account below $5.00 will be forfeited. 4. Balance Computation Method. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in your account each day. 5. Accrual of Dividends. Dividends will begin to accrue on the business day you deposit non-cash items (e.g., checks) to your account. 6. Fees and Charges. Please refer to the Fee Schedule provided with this Account Agreement. 7. Transaction Limitations. During any calendar month, you may not make more than six (6) withdrawals or transfers to another credit union account of yours or to a third party by means of a pre-authorized or automatic transfer, telephonic or computerized order or instruction, or by check, draft, debit card (if applicable) or similar order to a third party. 8. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. 9. Bylaw Requirements. A member who fails to complete payment of one share within six (6) months of admission to membership, or within six (6) months from the increase in the par value in shares, or a member who reduces the share balance below the par value of one share within six (6) months of the reduction may be terminated from membership at the end of a dividend period. Shares may be transferred only from one member to another, by written instrument in such form as the Credit Union may prescribe. The Credit Union reserves the right, at any time, to require members to give, in writing, not more than sixty (60) days notice of intention to withdraw the whole or any part of the amounts so paid in by them. Shares paid in under an accumulated payroll deduction plan may not be withdrawn until credited to a member's account. No member may withdraw shareholdings that are pledged as required as security on loans without the written approval of a loan officer, except to the extent that such shares exceed the member's total primary and contingent liability to the Credit Union. No member may withdraw any shareholdings below the amount of his/her primary or contingent liability to the Credit Union, if he/she is delinquent as a borrower, or if borrowers for whom the member is a comaker, endorser, or guarantor are delinquent, without the written approval of a loan officer. 10. Par Value of Shares; Dividend Period. The par value of a regular share in this Credit Union is $5.00. The dividend period for this account is quarterly. 11. National Credit Union Share Insurance Fund. Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund. 12. Bonus. Various prizes may be offered to S.T.A.R. Club members depending on the promotion current at that time. These prizes may have an aggregate value in excess of $10.00 per year depending on the number of deposits made into this account. S.T.A.R. Club members will also receive an entry form for every five deposits made in their accounts to be used in a quarterly prize drawing.

"YOU NAME IT" SAVINGS SHARE ACCOUNT

TRUTH IN SAVINGS DISCLOSURES: 1. Rate Information. Please refer to the Account Rate Sheet for the current dividend rate and annual percentage yield (APY) provided with this Account Agreement. The dividend rate and the APY may change every month, as determined by the Credit Union's Board of Directors. 2. Compounding and Crediting. Dividends will be calculated daily and compounded and credited monthly. For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the calendar year is January 1 and the ending date of such dividend period is January 31. All other dividend periods follow the same pattern of dates. The dividend declaration date is the ending date of a dividend period and for the example is January 31. If you close your "YOU NAME IT SAVINGS" Account before dividends are credited, you will receive dividends due at the time the account is closed. Dividends will not be earned for the day the account is closed. 3. Minimum Balance Requirements. There is no minimum balance to open this account. You must maintain a minimum daily balance of $500.00 in this account to earn dividends. If your account falls below the minimum daily balance, you will not earn any dividends for the period your account is below the minimum daily balance. 4. Balance Computation Method. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in your account each day. 5. Accrual of Dividends. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 5. . 6. Fees and Charges. Please refer to the Fee Schedule provided with this Account Agreement. 7. Transaction Limitations. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 7. 8. Nature of Dividends. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 8. 9. Bylaw Requirements. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 9. 10. Par Value of Shares; Dividend Period. The par value of a regular share in this Credit Union is $5.00. The dividend period for this account is monthly. 11. National Credit Union Share Insurance Fund. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 11. 12. Bonus. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 12.

BRIGHTER DAY SAVINGS ACCOUNT

TRUTH IN SAVINGS DISCLOSURES 1. Rate Information. Please refer to the Account Rate Sheet for the current dividend rate and annual percentage yield (APY) provided with this Account Agreement. The two daily balance tiers for this account are: $0 - $2,500 and $2,500.01 and above. The stated dividend rate and APY will be paid only on the portion of your daily balance that falls within the applicable Brighter Day Savings Account tier. The dividend rate and the APY may change every month, as determined by the Credit Union's Board of Directors. 2. Compounding and Crediting. Dividends will be calculated daily and will be compounded and credited quarterly. For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1 and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the ending date of a dividend period and for the example is March 31. If you close the share account before dividends are credited, you will receive dividends due at the time the account is closed. Dividends will not be earned for the day the account is closed. 3. Minimum Balance Requirements. There is no minimum balance required to open this account or earn the disclosed APY. 4. Balance Computation Method. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in your account each day. 5. Accrual of Dividends. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 5. 6. Fees and Charges. Please refer to the Fee Schedule provided with this Account Agreement. 7. Transaction Limitations. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 7. 8. Nature of Dividends. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 8. 9. Bylaw Requirements. Please refer to the Share Account (Savings), Truth in

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Savings Disclosure section, No. 9. 10. Par Value of Shares; Dividend Period. The par value of a regular share in this Credit Union is $5.00. The dividend period for this account is quarterly. 11. National Credit Union Share Insurance Fund. Please refer to the Share Account (Savings), Truth in Savings Disclosure section, No. 11.

OTHER TERMS AND CONDITIONS FOR SHARE ACCOUNT (SAVINGS), "YOU NAME IT" SAVINGS, AND BRIGHTER DAY SAVINGS ACCOUNTS:

Each owner of this account agrees with the Credit Union as follows: 1. Both individual and jointly owned share accounts are available to Credit Union members. If the names of two (2) or more persons appear as owners of any type of share account (excluding Individual Retirement Accounts), they will have equal rights to the entire account during their lifetimes. Upon the death of any joint owner, the surviving joint owner(s) shall have equal rights to the total amount in the share account including paid or accrued dividends. Joint ownership on minor accounts is limited to the minor's parent or legal guardian; however, the account ownership is not required to be the same on all minor accounts; 2. Although two (2) or more persons may be designated as owners of any type of share account (excluding Individual Retirement Accounts), the Credit Union reserves the right to limit the number of joint owners per account number and the number of accounts on which an individual may be designated as a joint owner. Members may not name as joint share account owners or co-borrowers anyone who has caused the Credit Union a loss; 3. With the exceptions noted below, to remove a joint owner from any type of share account, it may be necessary that the account be closed and a new account be opened regardless of whether the member is still in the field of membership of the Credit Union. When a joint owner on an account is deceased, the account owner may maintain the account. However, when an account owner on an account is deceased, the joint owner on the account may not maintain the account. The account must be closed. If the joint owner does not have an account he/she is eligible to open a new account under a new account number. 4. Except for Share Draft (Checking) accounts, Credit Union shares are not transferable, except on the books of the Credit Union. Credit Union membership cannot be transferred; 5. Deposits or transfers of funds to or from your Share Account (Savings), Brighter Day Savings, and/or "YOU NAME IT" Savings Account may be made in person, by mail, by telephone request (CALL-24), and via online banking, (subject to limitations stated in Share Account (Savings), Truth in Savings Disclosure section, No. 7); 6. Redstone Federal Credit Union may choose to require seven (7) days written notice for a withdrawal from any savings account. Withdrawals are subject to the provisions and restrictions contained in any loan agreement and such other terms and conditions as the Credit Union may establish from time to time, without necessity for the member's approval, and the member agrees to be bound by any such changes; 7. A Share Account (Savings), Brighter Day Savings, or "YOU NAME IT" Savings Account will be considered dormant if it is inactive for 365 days and has no member-initiated activity. (Direct deposits, preauthorized transactions, automatic deductions, payroll deductions, and similar transactions are not considered member-initiated activity.) Any Share Account (Savings), Brighter Day Savings, or "YOU NAME IT" Savings Account with a zero balance and no member-initiated activity for 365 days may be closed by the Credit Union. A Share Account (Savings) may be closed only if certain other conditions are met (including, but not limited to, the member does not have any active loans or other accounts under his/her member number); 8. The Credit Union reserves the right to amend this Agreement by mailing the member a written notice of the modification within 30 days of the effective date of the modification. Written notice is considered given when mailed to the address shown on the periodic statement; 9. The Credit Union reserves the right of setoff if a member owes the Credit Union money as a borrower, comaker, cosigner, guarantor, or otherwise. Each joint owner agrees that the Credit Union may use the account to satisfy any one of their individual obligations; similarly, each joint owner agrees that the Credit Union may use the funds in their individual account to satisfy obligations of the joint account. The right of setoff does not apply to IRAs or other tax-deferred retirement accounts; 10. Any garnishment or levy against the account is subject to the Credit Union's right of setoff and security interest. The Credit union may refuse to allow any withdrawals until the dispute is resolved; 11. The Credit Union may recover any attorney's fees associated with defending the Credit Union's interest where the interest of the Credit Union is adverse to that of the member; 12. Shares in the Share Account (Savings) may not be withdrawn below the

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amount pledged as collateral on a loan without the approval of a loan officer. Shares in a "YOU NAME IT" Savings Account or Brighter Day Savings Account may not be used as collateral for a loan; 13. All statements and notices concerning this account will be mailed to the person whose signature appears first on the Application for Services for this account at the last address known to the Credit Union. The Credit Union is relieved of all liability for items lost in delivery by U.S. Mail or any other method of delivery requested or not requested for or by the member, and is authorized to destroy any statements, vouchers, and notices returned undelivered by the U.S. Postal Service; 14. The Credit Union may, at its sole discretion, transfer funds, if your Share Account (Savings) has a sufficient available balance to cover any transaction that would create an overdraft. An OD Protection Transfer fee will be imposed per transaction. (Please refer to the Fee Schedule for the fee amount). OD Protection Transfers are not available with "YOU NAME IT" Savings Accounts or Brighter Day Savings Account. IF THIS IS A JOINT ACCOUNT, EACH JOINT OWNER IS JOINTLY AND SEVERALLY LIABLE TO THE CREDIT UNION FOR ALL OVERDRAFTS PAID OVER THE SIGNATURE OF ANY OF THEM; 15. The Credit Union may, at its discretion, supply a missing endorsement or accept any check or draft made payable to any account owner for deposit to this account without an endorsement; 16. The amount(s) of any member deposit will be verified by the Credit Union at the time of deposit or, in some instances, after the deposit is made. Once amount(s) is/are verified, the Credit Union reserves the right to correct any entries at a later time if amount(s) is/are in error. Any objection respecting any item shown on a statement of this account shall be absolutely barred and waived unless made in writing to the Credit Union within twenty (20) days following the date the statement is mailed. Notice is considered effective when received by the Credit Union; 17. When receiving items for deposit or collection, the Credit Union acts as your agent and assumes no responsibility beyond the exercise of ordinary care. All items credited are subject to final payment. The Credit Union is under no obligation to accept for deposit or cash any check that you present. A Chargeback Fee will be imposed for any item deposited into the account and returned unpaid. (Please refer to the Fee Schedule for the fee amount); 18. Dividends will not be earned on withdrawn funds for the day the funds are withdrawn. Paid dividends not withdrawn are added to the account balance and compounded; 19. An Escheat Fee will be charged per member on any accounts, and the account[s] will be closed, if the account has been inactive for the period of time specified in the Alabama Unclaimed Property Law, or appropriate statute in Tennessee, has no active loans and the Credit Union has had no contact with the account owner for this period of time. (Please refer to the Fee Schedule for the maximum Escheat Fee amount that will be charged. If the account balance is below the maximum fee amount, the fee will equal the available balance remaining); 20. Official Checks are valid (negotiable) for six (6) months after the date of issuance. If an Official Check has not cleared your account after six (6) months, it will be voided and re-deposited into the share account it was drawn from. You will be notified in writing when the Official Check is re-deposited. If the Official Check has not cleared your account after six (6) months, you should contact the payee and make other arrangements for payment; 21. You may remove a joint from your account one time without a incurring a fee. After the first request, a Remove Joint Fee will be charged each time you add the same joint to your account that was removed within a six-month period. (Please refer to the Fee Schedule for the fee amount); 22. ACH transactions are governed by operating rules of the National Automated Clearing House Association. In accordance with these rules, the credit union will not provide you with next day notice of receipt of ACH credit transfers to your account. You will continue to receive notices of receipts of ACH items in the periodic statements which we provide; 23. Credit given by Redstone Federal Credit Union to you with respect to an automated clearing house credit entry is provisional until Redstone Federal Credit Union receives final settlement for such entry through a Federal Reserve Bank. If Redstone Federal Credit Union does not receive final settlement, you are hereby notified and agree that Redstone Federal Credit Union is entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry; 24. Redstone Federal Credit Union may accept on your behalf payments to your account which have been transmitted through one or more Automated Clearing Houses (ACH) and which are not subject to the Electronic Fund Transfer Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state of Alabama as provided

by the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account. 25. Only one Brighter Day Savings Account is allowed per member.

SHARE DRAFT (CHECKING) ACCOUNTS

Each person whose signature appears on the Application for Services requests that the Credit Union establish a Share Draft (Checking) Account, and agrees to the terms set forth in the Account Agreement and policies adopted from time to time by the Board of Directors. Deposits to this account may be made at any time. You may withdraw or write checks in payment of cash deposits and collected funds on the day the Credit Union has credited your payment to this account. Subject to applicable "check hold" laws, if the Credit Union has to wait for deposited checks or other uncollected funds to clear, there may be a delay before you can withdraw those funds or write checks against them. This Agreement covers any Share Draft (Checking) account(s) held by you now or in the future, unless notified by the Credit Union of any change in terms.

Checking accounts are offered to members in good standing whose checking account histories are acceptable to the Credit Union.

Easy Checking Account:

TRUTH IN SAVINGS DISCLOSURES: 1. Rate Information. This is a non-dividend bearing account. 2. Minimum Balance Requirements. The minimum balance amount required to open this account is $25.00. There is no minimum balance required to maintain this account. 3. Fees and Charges. You must make four or more Point of Sale (POS) debit card purchase transactions per calendar month from this account or have at least one direct deposit transaction per calendar month credited to this checking account to avoid the Easy Checking Maintenance Fee. If you do not meet at least one of these two conditions for the month, your account will be charged the Easy Checking Maintenance Fee for that month. The debit card purchase transactions must be posted to the account during the calendar month to qualify. The Easy Checking Maintenance Fee is waived for members aged 24 years or younger. Please refer to the Fee Schedule provided with this Account Agreement for the Easy Checking Maintenance Fee amount and other fee amounts associated with this account. 4. Transaction Limitations. No transaction limitations apply to this account. 5. Bylaw Requirements. Please refer to the Share Account (Savings), Truth in Savings, Disclosure section, No. 9. 6. Par Value of Shares. The par value of a regular share in this Credit Union is $5.00. 7. National Credit Union Share Insurance Fund. Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund.

Rewards Checking Account:

TRUTH IN SAVINGS DISCLOSURES: 1. Rate Information. This is a non-dividend-bearing account. 2. Minimum Balance Requirements. The minimum balance amount required to open this account is $25.00. There is no minimum balance required to maintain this account. 3. Fees and Charges. You must make four or more Point of Sale (POS) debit card purchase transactions per calendar month from this account or have at least one direct deposit transaction per calendar month credited to this checking account to avoid the Rewards Checking Maintenance Fee. If you do not meet at least one of these two conditions for the month, your account will be charged the Rewards Checking Maintenance Fee for that month. The debit card purchase transactions must be posted to the account during the calendar month to qualify. The Rewards Checking Maintenance Fee is waived for members aged 24 years or younger. Please refer to the Fee Schedule provided with this Account Agreement for the Rewards Checking Maintenance Fee amount and other fee amounts associated with this account. 4. Transaction Limitations. No transaction limitations apply to this account. 5. Bylaw Requirements. Please refer to the Share Account (Savings), Truth in Savings, Disclosure section, No. 9. 6. Par Value of Shares. The par value of a regular share in this Credit Union is $5.00. 7. National Credit Union Share Insurance Fund. Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund.

Safeguard Checking Account:

TRUTH IN SAVINGS DISCLOSURES: 1. Rate Information. This is a non-dividend-bearing account. 2. Minimum Balance Requirements. The minimum balance required to open this account is $25.00. There is no minimum balance required to maintain this account. 3. Fees and Charges. The Safeguard Checking Maintenance Fee varies depending on the member's age and the receipt of eStatements. Please refer to the Fee Schedule for the Safeguard Checking Maintenance Fee amount(s) and other fee amounts associated with this account. The Safeguard Checking Maintenance Fee is waived for members aged 24 years or younger. To receive eStatements, you must be an active online banking user and you must sign up for eStatements in online banking. 4. Transaction Limitations. No transaction limitations apply to this account. Checks should not be used on this account. Overdraft Privilege is not available for the Safeguard Checking Account. If you do not have sufficient funds in your Safeguard Checking Account or share savings account to cover a transaction, the transaction will be declined. It is possible that a payment may be posted to your account in some merchant situations (such as merchant-requested preauthorizations to validate the account); however, in those situations, you will not be charged a non-sufficient funds fee. An OD Protection Transfer fee would be charged if the Credit Union transfers money from your share savings account to cover the checking transaction. 5. Bylaw Requirements. Please refer to the Share Account (Savings), Truth in Savings, Disclosure section, No. 9. 6. Par Value of Shares. The par value of a regular share in this Credit Union is $5.00. 7. National Credit Union Share Insurance Fund. Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund.

Liberty Checking Account and Privilege Checking Account (For members age 55 and over): [Please note: The Liberty and Privilege Checking Accounts are no longer available for new checking account requests.]

TRUTH IN SAVINGS DISCLOSURES: 1. Rate Information. This is a non-dividend bearing account. 2. Minimum Balance Requirements. There is no minimum balance amount required to open or maintain this account. 3. Fees and Charges. Please refer to the Fee Schedule provided with this Account Agreement for the fee amounts associated with this account. 4. Transaction Limitations. No transaction limitations apply to this account. 5. Bylaw Requirements. Please refer to the Share Account (Savings), Truth in Savings, Disclosure section, No. 9. 6. Par Value of Shares. The par value of a regular share in this Credit Union is $5.00. 7. National Credit Union Share Insurance Fund. Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund.

OTHER TERMS AND CONDITIONS FOR EASY, REWARDS, SAFEGUARD, LIBERTY, AND PRIVILEGE CHECKING ACCOUNTS: Each owner of this account agrees with the Credit Union as follows: 1. Except as provided below, the provisions respecting bank deposits and collections in the Uniform Commercial Code of Alabama shall apply to transactions on this account and the term "bank" in said law shall include this Credit Union for purposes of applying the law to this Agreement; 2. Only checks and other methods approved by the Credit Union may be used to withdraw funds from this checking account. Checks are available in several different styles and designs. As a courtesy, the Credit Union may provide a limited number of temporary checks to assist members while their check order is in process. The Credit Union reserves the right to limit the number of temporary checks provided to members; 3. Our checking accounts may be an individual or joint account (with the exception of some minor accounts). Members may not name as joint share account owners or co-borrowers anyone who has caused the Credit Union a loss. The Credit Union is authorized to pay checks signed by any owner of this account and to charge the payments against this checking account or, subject to No. 9 and 10 below, against any share account or open-end loan account; IF THIS IS A JOINT ACCOUNT, EACH JOINT OWNER IS JOINTLY AND SEVERALLY LIABLE TO THE CREDIT UNION FOR ALL OVERDRAFTS PAID OVER THE SIGNATURE OF ANY OF THEM; 4. Funds on deposit in this checking account may not be specifically pledged or set aside by any owner of the account as collateral for a loan;

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5. Deposits or transfers of funds to or from your checking account may be made in person, by mail, by telephone request (CALL-24), via online banking, and through ATMs or ITMs; 6. All statements and notices concerning this account will be mailed to the person whose signature appears first on the Application for Services for this account at the last address known to the Credit Union. The Credit Union is relieved of all liability for items lost in delivery by U.S. Mail or any other method of delivery requested or not requested for or by the member, and is authorized to destroy any statements, vouchers, and notices returned undelivered by the U.S. Postal Service; 7. You may use information from your share draft (check) to initiate an one-time electronic funds transfer from your account. If you voluntarily give information about your account (such as our routing number and your account number) to a party who is seeking to sell you goods or services, and you don't physically deliver a check to the party, any debit to your account initiated by the party to whom you gave the information is deemed authorized; 8. The Credit Union may pay a check on whatever day it is presented notwithstanding the date (or any limitation on the time payment) appearing on the check. The Credit Union's determination of the account balance shall be made at any time between presentment of an item(s) and the Credit Union's midnight deadline, with only one review of the account required. The Credit Union is not liable for any payment or nonpayment of a check; 9. The Credit Union may, at its sole discretion, transfer funds, if your Share Account (Savings) has a sufficient available balance to cover any transaction that would create an overdraft. An OD Protection Transfer fee will be imposed per transaction. (Please refer to the Fee Schedule for the fee amount). OD Protection Transfers are not available from "YOU NAME IT" Savings or Brighter Day Savings Accounts. Honoring past overdrafts does not obligate the Credit Union to honor future overdrafts. If the Share Draft (Checking) Account is overdrawn, the Credit Union may transfer funds deposited into the Share Account (Savings) to bring the Share Draft (Checking) Account to a positive balance; 10. If overdraft protection has been requested through an open-end line of credit, any item or transaction that is presented for payment against non-sufficient funds will be deemed to be a request for an advance under the terms and conditions of that open-end loan account, provided sufficient credit is available, and a loan advance to pay the item or transaction will be credited to this account as provided in the Overdraft Protection Loan disclosures, Astro Line of Credit Agreement and Disclosure Statement, or any other applicable line of credit agreement/disclosures; 11. The Credit Union may accept, pay or collect on the account of a member who dies or is adjudicated incompetent until it is notified of the death or adjudication of incompetence (by court order) of the member and has a reasonable opportunity to act on it. Even with the knowledge of a member's death, the Credit Union may, for ten (10) days after the date of death, pay checks drawn before death unless ordered to stop payment by a person claiming an interest in the account; 12. The Credit Union is under no obligation to pay a check on which the date is more than six (6) months old; 13. The Credit Union may disregard any information on a check, other than the identification of the payor bank, payable through bank and payee, the amount, and any other information that appear on the MICR line. Due to truncation and automatic processing, any restrictive legends (e.g., "void after 90 days") cannot be caught by the Credit Union and the Credit Union is not liable for payment of a check bearing any such legend; 14. The account owners waive protest for and notice of dishonor and/or nonpayment of any items deposited; 15. The Credit Union reserves the right of setoff if a member owes the Credit Union money as borrower, guarantor, or otherwise. The Credit Union may use the account to pay the debt even if withdrawal results in dishonor of subsequent drafts. Each joint owner agrees that the Credit Union may use the account to satisfy any one of their individual obligations; similarly, each joint owner agrees that the Credit Union may use the funds in their individual accounts to satisfy obligations of the joint account. The right of setoff does not apply to IRAs or other tax-deferred retirement accounts; 16. Credit given for all non-cash items that are cashed or deposited in this account by any owner or joint owner is conditional and subject to final payment. A Chargeback Fee will be imposed for any item deposited into the account and returned unpaid. (Please refer to the Fee Schedule for the fee amount); 17. Any garnishment or levy against the account is subject to the Credit Union's right of setoff and security interest. The Credit Union may refuse to allow any withdrawals until the dispute is resolved; 18. The Credit Union may, at its discretion, supply a missing endorsement; or accept any check or draft made payable to any account owner for deposit to this account without an endorsement; 19. Official Checks are valid (negotiable) for six (6) months after the date of issuance. If an Official Check has not cleared your account after six (6) months,

6 Redstone Federal Credit Union -- Public

it will be voided and re-deposited into the share account it was drawn from. You will be notified in writing when the Official Check is re-deposited. If the Official Check has not cleared your account after six (6) months, you should contact the payee and make other arrangements for payment; 20. All check forms and paid checks under this account are the property of the Credit Union. Each account owner is responsible for notifying the Credit Union immediately of any loss or theft of a check. Paid checks are not included with statements of this account, but copies may be obtained from the Credit Union upon request and payment of a nominal charge (Please refer to the Fee Schedule for the fee amount). The amount(s) of any member deposit will be verified by the Credit Union at the time of deposit or, in some instances, after the deposit is made. Once amount(s) is/are verified, the Credit Union reserves the right to correct any entries at a later time if amount(s) is/are in error. Any objection respecting any item shown on a statement of this account shall be absolutely barred and waived unless made in writing to the Credit Union within twenty (20) days following the date the statement is mailed. Notice is considered effective when received by the Credit Union. The Credit Union will not be liable if items were forged or altered in a way that fraud could not be detected by a reasonable inspection; 21. This account shall be subject to service charges in accordance with the Fee Schedule that is adopted by the Credit Union and in effect. A Fee Schedule will be provided with this Account Agreement; 22. Any owner or joint owner of this account may request a stop payment order. A stop payment order must identify your name, account number, the date of the check, the payee of the check, the check number, the amount of the check, and the reason for the request. A stop payment order must be requested prior to any action being taken on the item by the Credit Union. A stop payment made orally must be confirmed in writing with fourteen (14) calendar days of the original order. A stop-payment order received or confirmed in writing is effective for six months. A stop payment order may be renewed for additional six-month periods by providing a written request to the Credit Union prior to the expiration of the then current stop payment order. If the Credit Union fails to stop payment of a check that has a valid stop payment order, the Credit Union will re-credit your account for the amount of the check or for the amount of your loss, whichever is less. The Credit Union's duty to re-credit in this regard is expressly subject to your duties under Section 4-403(c) of the Uniform Commercial Code. You agree to transfer to the Credit Union all rights against the payee or other holder of the check to facilitate subrogation under the Uniform Commercial Code if the Credit Union pays a check over a valid stop payment order. All stop payment requests are subject to payment of a fee as set forth in the Fee Schedule provided with this Account Agreement; 23. Each account owner will pay the Credit Union promptly upon demand the amount of all fees and charges of any overdraft(s) on this account as well as all costs of collection, including reasonable attorney's fees, or in connection with any other account litigation where the Credit Union's interest is adverse to that of the member. The Credit Union is not liable to the member if paying a third party leaves insufficient funds in the account to cover outstanding drafts or items. The member is responsible for any fees associated with any court order; 24. Our customary fees and charges, including without limitation our nonsufficient funds/overdraft fees as set forth in our current fee schedules, will be included in the Overdraft Privilege limits and will be charged for each nonsufficient funds (NSF) item that will or would overdraw your account including, but not limited to, Checks, Debit Drafts (paper), ACH Debits, Bill Pay Debits, POS (Point of Sale) Purchases, and Redstone Federal Credit Union Teller Cashed Checks; 25. A non-sufficient funds (negative) balance may result from: A) The payment of checks, electronic funds transfers, or other withdrawal requests; B) Payments authorized by you; C) The return, unpaid, of items deposited by you; D) The imposition of applicable service charges; or E) The deposit of items which according to the Credit Union's Funds Availability Policy, are treated as not yet "available" or finally paid; 26. When receiving items for deposit or collection, the Credit Union acts as your agent and assumes no responsibility beyond the exercise of ordinary care. All items credited are subject to final payment. The Credit Union is under no obligation to accept for deposit or cash any check that you present; 27. The Credit Union may terminate this Agreement upon mailing a notice to the address on record. This account may also be terminated without notice if any check(s) or item(s) is/are returned unpaid because of insufficient funds in this account or if this or any other share or loan account of the member is not maintained in a manner that is satisfactory to the Credit Union. No termination of the account or Agreement will affect the liability of any account owner for payment under No. 23 above; 28. The Credit Union reserves the right to amend this Agreement by mailing the member a written notice of modification within thirty (30) days from the date the modification is effective. Written notice is considered given when mailed to the

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